Motilal AMC - Momomentum ETF

About Motilal Oswal Nifty 200 Momentum 30 Index Fund.

• Motilal Oswal Nifty 200 Momentum 30 Index Fund is an open-ended value-oriented equity scheme that belongs to Motilal Oswal Mutual Fund House.
• The top 30 stocks with the highest Normalised Momentum Score are selected in the Motilal Oswal Nifty 200 Momentum 30 Index Fund.
• Swapnil Mayekar and Rakesh Shetty are the fund managers of Motilal Oswal Nifty 200 Momentum 30 Index Fund.
• It was launched on February 10, 2022.
• The fund has assets under management (AUM) that stood at ₹91.8 crore as of June 30, 2024.
• Motilal Oswal Nifty 200 Momentum 30 Index Fund is traded on both stock exchanges, which enables investors to trade at market price during each session.
• One can invest in the scheme by buying ETF units through a demat account with a registered broker.

Investment Objective & Benchmark

• The fund's investment objective is to deliver gains that closely correspond to the total returns of the securities as represented by the underlying index.
• It is benchmarked against Nifty 200 Momentum 30 TRI.
• The Nifty 200 Momentum 30 Index aims to track the performance of the top 30 companies within the Nifty 200 selected based on their Normalised Momentum Score. Momentum score is calculated basis of 6-month and 12-month price returns, adjusted for volatility.
• Reconstitution of Motilal Oswal Nifty 200 Momentum 30 Index Fund happens semi-annually in June and December.
• It invests largely in large companies and limits investors’ exposure to risk associated with smaller firms.
• The objective of the ETF is to provide exposure to the value factor, with the index consisting of the 30 high momentum companies listed on the NSE.

Asset Allocation & Portfolio Composition

• The fund's asset allocation comprises around 99.58% in equities, 0.14% in debts, and 0.28% in cash & cash equivalents.
• The ETF largely invests in giant and large-cap companies allocating nearly 90% of the available funds to them.
• The top 10 company holdings constitute 55%f the asset allocation.

The top 10 holdings in stocks of Motilal Oswal Nifty 200 Momentum 30 Index Fund include:

• NTPC Ltd: 5.2%
• Tata Motors Ltd: 5.1%
• Trent Ltd: 5.1%
• Bharti Airtel Ltd: 5.1%
• Adani Ports And Special Economic Zone Ltd: 5.0%
• Siemens Ltd: 5.0%
• Bharat Electronics Ltd: 4.9%
• Mahindra & Mahindra Ltd: 4.9%
• Bajaj Auto Ltd: 4.9%
• Hindustan Aeronautics Ltd: 4.9%

Sector-wise allocation in this fund;

• Consumer Discretionary: 32%
• Industrials: 23.6%
• Financial Services: 10%
• Utilities: 9%
• Telecommunication: 6.8%
• Services: 5%
• Energy: 4.6%
• Commodities: 4.4%
• Healthcare: 3.2%
• Information Technology: 1.1%

Motilal Oswal Nifty 200 Momentum 30 ETF has given a return of 66.54% in the last year as of June 30, 2024.

Since its inception, this ETF has delivered a CAGR of 47.25%.